1255 Hickox Drive Lincoln, IL ^$ 395,000

1255 Hickox Drive

^$ 395,000

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1255 Hickox Drive

Lincoln, IL, 62656

^$ 395,000

Studio Baths0.0 Sq 5,100

Monthly Estimate*

^$ 2,759

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Studio

Commercial Property for sale in Lincoln, IL

for $395,000. This 5,100 square foot building was built on a lot size of 2.16368.

Excellent opportunity for pet lover-entrepreneur. On-going-profitable business in town of 15,000. After 15 years owner wants to retire. Property is all-brick on 2.2 acres nicely located. Cha-Dai Pet Motel with boarding-grooming and pet day-care. This is turn key well established business with many updates. Large fenced side yard - dog run and 5100 square feet of spaces designed for modern-ecommerce business operation. Financials provided upon request to qualified buyers. List of improvements in MRED documents or upon request.

Commercial Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 13,000

Style

Service/Misc.

Lot Size

2.16368

Town/City

Lincoln

County/Region

Logan

MLS | Web ID

11334753

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing

Roof Composition

Zoning COMMR

Construction Materials Brick

Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Sewer

Stories 1

Tax Year 2020

Current Use Commercial

Business Type Service/Misc.

Business Name CHA-DAI PET MOTEL

County Logan

Operating Expense 148000

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial Office and Research

Status Active

Directions Old Rte 121 to Hickox Drive (Frontage Road)

City Lincoln

MLS Area Lincoln

Lot Size Square Feet 94250

Waterfront Y/N N

Street Name Hickox

Tax Annual Amount 13000

Additional Parcels Y/N N

Days on Market 632

Standard Status Active

Ownership Type LLC

Exterior

Building Area Total 5100

Lot Dimensions 250X377

Frontage Type Frontage Road

Interior

Street Suffix Drive

* Excluded Features

List By

Re/Max Choice

Broker

danslagell@remax.net

Affordability Calculator

$3,843

Per Month

Monthly Principal & Interest: $2,759
Monthly Property Taxes: $1,083
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lincoln, IL

Average List Price ^$2,373,333

Percent of Sale Price 501%

About Lincoln, IL

13,796 Population

-9% Since 2002

^$48,180 Median Income

38.88 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/14/2023	$395,000	-7.06%	Price Down
4/27/2023	$425,000	-10.53%	Price Down
5/24/2022	$475,000	-8.65%	Price Down
2/28/2022	$520,000		Listed Price

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1255 Hickox Drive, Lincoln, IL, 62656 is a Commercial Property for sale at $395,000 with 5,100 sqft and a lot size of 2.16368. 1255 Hickox Drive is a studio with 0.0 baths. The property's zip code is 62656 which is in Lincoln, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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1255 Hickox Drive

Commercial Property for sale in Lincoln, IL

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